Contactless payments are now being utilised for their health and safety benefits, with many stores even opting to go “cash-free”; while QR code technology has been swept up in everything from contact tracing methods through to contactless menus. But what about the humble receipt? RIPA Expenses marries the two mechanics, enabling receipt data to be received in a contactless manner, …
The Future of Neobanks
Volt boss says neobanks can still challenge the sector Volt Bank founder Steve Weston says the neobank sector will thrive in Australia despite the capitulation of two rivals, Xinja and 86 400, to funding pressures and a takeover from NAB. “I think the upside for neobanking in Australia has never looked brighter than it does today,” said Mr Weston. He …
DIMENSIONS OF DISRUPTION IN PAYMENTS
In the first post in this series, we looked at the major trends driving disruption in payments today. This time, we’ll look at how these trends will actually impact the industry by geography and by payments instrument. The findings presented here all come from the new Accenture Payments Disruptability Index, which was created through analysis of data from five pillars: …
Lulalend and Paycode are winners of the 2020 Inclusive Fintech Awards
Lulalend and Paycode are winners of the 2020 Inclusive Fintech Awards The awards recognises the top 50 inclusive fintech startups across the globe that are making a concerted effort to provide financial services to underserved communities across the world. Founded in 2019, the initiative is implemented by MIX, the global data resource for investors focused on inclusive finance. Innovation in …
SA fintech selected for prestigious global startup programme
Paycode selected for Mastercard Start Path programme The programme will assist Paycode to further its efforts of increasing financial inclusion across the continent with the use of EDAPT, a biometric identity and payments platform. Paycode CEO Ralph Pecker explains that the programme will bolster its efforts to provide Africans with access to affordable financial services. “Our selection by Mastercard to …
AQWIRE bags US$2.1M in Series A to expand its proptech platform in Philippines
AQWIRE claims it is projected to break US$1B in yearly gross volume by 2023 AQWIRE, a Philippine proptech startup, announced it has raised US$2.1 million in a Series A financing round, led by Spiral Ventures. Other notable investors in this round include Singapore-based Gentree, PropertyGuru’s original investor Vulpes, Hong Kong’s Betatron Venture, and Steve Melhuish, Co-founder of PropertyGuru. The company …
Digital Identity: The Integrity of Information
Establishing digitally sourced, trusted identities is significant to deterring money laundering and other such risks, it will also improve the customer experience as an added benefit. Eugenio DiMira’s article discusses the integrity of digital identity. Identification is based on the resolution of the identity of a person using trusted, reliable sources of information to achieve confidence not only that the …
Shanghai scooters to go global
AFR correspondent Patrick Davin’s subscription-based model for leasing e-scooters has proved popular with Chinese consumers. PHOTO: MICHAEL SMITH China An Australian expat is spruiking the ‘Netflix of transport’. Shanghai | Patrick Davin is unlike most of the Australian entrepreneurs who come to China to seek their fortune. Instead of exporting an existing business model into the world’s biggest consumer market, …